Friends i have made an tentative forecasting using alternative method which i have been working from Many Years
I strongly believe Gold will retrace towards 1450 before taking any directional change in the price
One can understand the concept on Larger time frame and take a trade based on their own known methods
if you have any Questions please write in the...
In this video, I discuss 5 Options selling guidelines which you can use to exit your option trades when they go wrong.
Selling options come with the risk of unlimited losses . That's why, the main aim of adjusting options is to put a cap to the losses , reassess the situation and increase profitability.
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Cheers =)
Banknifty chart analysis post today's expiry. Broadly it is held in a range and trying to resume the uptrend the first signs are the presence of higher low on chart
Banknifty facing resistance at 61.8% level. If Banknifty break's 61.8% level, this could mean a channel breakout on the upside and targets of 44200 & 44300 open up.
Hello Friends,
Here we had shared some major points and characteristics of Zigzag Correction pattern of Elliott waves.
Also we had shared real example chart study of zigzag pattern as a case study of NaturalGas, in which their are some principles and guidelines, which are perfectly going through in chart of NaturalGas.
Principles and Guidelines of Zigzag...
Zinc is now looking overbought on the oscillators, there is a minor resistance here and hence there is every chance that we get some sort of correction from the current levels.
This is a small video on how to calculate the target in the head and shoulder pattern which will allow us to place an alert using the tradingview tools. The tradingview tools make calculating the exact target based on the patterns a lot more easier. I hope this video helps the beginners, please note this is only for beginners and if you are already familiar with...
Resistance Level at 5719: The price of crude oil has repeatedly faced resistance around the 5719 level in recent trading sessions. This indicates a potential exhaustion of buying pressure, suggesting a reversal may be imminent.
A short video on the gold and silver after the fall yesterday and looking at the longer term time frame to understand the key levels. Gold has been the worst performer while the rest are actually looking bullish. Silver has been outperforming gold and that is something that we need to be aware of as it is also used in the industry. Overall the base metals and...
Natural gas is trading above resistance levels and using the key levels we can say that the longs now with the stops below the key pivot level of 2.3000 will work out well. Target can be around 2.4300 for today as that is the next resistance level which has held earlier as well.
Gold has broken above the resistance and has also formed a nice continuation pattern which places it in a good position, high probability that we get a nice rally from hereon in gold as it is also quite oversold on the hourly timeframes and also has rejected the lower levels several times
Once upon a time, when the world was engulfed in the grips of the COVID-19 pandemic, the financial markets trembled, and the price of XAUUSD embarked on a rollercoaster journey, capturing the hearts and minds of investors.
As the pandemic emerged in early 2020, fear and uncertainty spread like wildfire. The global economy was thrown into disarray as countries...
Nifty & bank nifty prediction for tuesday 30 may 2023
Nifty look Bullish with 100 points gap
Bank nifty will turn bearish only below 43600 below recent swing low
maximum jerks will be to todays day high 44525
if Happens gap down then Fridays low will be target
EURUSD sellers below 1.0750. Short only below 1.0720 to 1.0710 and 1.07
IF above 1.0750 buyers possible back to 1.08
GBPUSD sellers below 1.2350 to 1.2340 and 1.2330.
IF above 1.2370 and 1.2380 buyers to 1.24
USDCAD below 1.3580 sell . Above 1.3610 buyers to 1.3620.
Attention to highs of 1.36 (inflation tomorrow)
XAUSD buyers only above 1955.0
